DOEN Participaties strengthens InstockMarket with investment
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DOEN Participaties strengthens InstockMarket with investment

  • 25 November 2024

InstockMarket, the sustainable hospitality wholesaler tackling food waste by repurposing surplus food, has secured a significant investment from DOEN Participaties. This support enables InstockMarket to further develop its mission of making the food system more sustainable and circular. The platform connects surplus food from farmers, growers, and suppliers with hospitality businesses and caterers, offering a practical solution to food waste.

Greater impact through collaboration

The partnership with DOEN Participaties means more than just a financial boost. Alongside capital, DOEN brings a wealth of expertise and a valuable network, which are essential for InstockMarket’s growth ambitions. With this support, InstockMarket aims to expand its reach and inspire more businesses to adopt circular solutions. Selma Seddik of InstockMarket highlights the strategic importance of the investment: “Together, we can amplify our impact and combat food waste even more effectively.”

Food waste: a global challenge

The issue of food waste is vast: one-third of all food production is lost along the supply chain. This not only wastes water, land, and energy but also significantly contributes to greenhouse gas emissions—around 8% of the global total. Initiatives like InstockMarket provide innovative solutions to mitigate these negative effects.

DOEN Participaties, the investment arm of Stichting DOEN, continues its support for enterprises committed to sustainability. Stichting DOEN has been involved with Instock since 2019, and this new step strengthens their joint commitment to fighting food waste. Through this collaboration, InstockMarket can bring its ambitious plans to life.

Participaties.doen.nl

Source: DOEN